AUDUSD
From the very beginning of the day we see increases as a result of which both the level of 0.7170 as well as the surrounding area of support have been rejected. In near future we can expect continuation of growth even in the resistance around 0.7330.
Looking at the H1 chart we can see that for growth could be continued we would have to overcome the upper limit of the ongoing consolidation of last week, around which we currently find ourselves. The rejection of this level could lead to further decline to yesterday’s lows.
EURUSD
As a result of ongoing since yesterday evening growth market once again reached and then defeated the upper limit of the consolidation. If in the near future supply does not negate the breakout, we expect a continuation of growth up to level around 1.0530, which is a significant resistance from the point of view of the interval H4.
NZDUSD
Second consecutive day we saw increases. In near future we expect a re-test of the defeated on December 16 the level of 0.6985.Rejection of this level would be a signal to continue declines in longer term.
USDCAD
After yesterday’s bearish response today market continued to decline. Given the dynamics in near future we expect to continue moving south, even in the vicinity of level 1.3285 coinciding with the measuring 61.8% of Fibonacci correction of the last upward movement.
